Coin

<ul class="news-points"> 
 <li>Adam Cochran said cracks at Binance are beginning to show, and the company may break soon.</li> 
 <li>His statements follow an outcry by a user who claimed they could not withdraw funds from the exchange.</li> 
 <li>FUDs around Binance continue to spread, heightening following executive exits at Binance U.S.</li> 
</ul> 
Crypto Twitter analyst and Fintech Executive Adam Cochran, in a recent post on X, once again hinted at a possible imminent collapse of crypto exchange giant Binance. According to Cochran, the cracks at the company are starting to show, and the effects will be “nasty when this dam (Binance) breaks.” 
His statement comes in reaction to an outcry by a user. Per the post, the user claimed that they were unable to withdraw their funds from the crypto exchange – the first time in many years with the crypto exchange. 
In what many describe as a tumultuous year for Binance, the company has been the subject of widespread FUD. Additionally, the crypto exchange has also faced <a href="https://coinedition.com/sec-suspects-binances-overseas-trade-violates-federal-securities-law/" rel="noopener noreferrer nofollow">increased regulatory scrutiny in several countries</a>. 
Recently, the FUD concerns heightened following executive exits at Binance U.S. In particular, the exit of the company’s CEO, Brian Shroder, who had led … 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/crypto-analyst-hints-at-possible-collapse-of-crypto-exchange-binance/">Crypto Analyst Hints at Possible Collapse of Crypto Exchange Binance</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Crypto Analyst Hints at Possible Collapse of Crypto Exchange Binance

Coin Edition

Other articles published on Sep 18, 2023

Swiss Privacy Comes to Debit Card Payments with the AnonyCard ICO

Unibot Integrated with Friend.tech, allowing Trade Friendtech Keys via Telegram

We will add new pair soon on ETH Network and ARB - Golden Ball

Deutsche Bank to secure crypto for institutions, TRX and DOMI may find support

China to establish regulatory standards for metaverse

Gemini criticizes Genesis recovery plan as ‘deceptive at worst’

Join our free newsletter for daily crypto updates!